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Industrial Warehouse with Multiple Bays
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420 Russell St, Hammond, IN 46320

Industrial building with 6 docks, multiple drive-in bays, and ceiling heights ranging from 12 to 18 feet.

Property SizeContact for details
Days on Market132

Property Features for 420 Russell St

General Information

Standard status Active
Property subtype Industrial
Listing Agency: Latitude Commercial
Listed By: Brett McDermott, CCIM · License #IN RB14050416
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 12:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Latitude Commercial

Investment Insights

Based on property information with market context.

The property is an industrial warehouse totaling 58,730 square feet on 3.97 acres. The facility includes 6 docks and multiple drive-in bays, with ceiling heights ranging from 12 to 18 feet in different areas of the building. It also features ample outdoor storage space and is described as sitting on roughly 4 acres with potential to expand the building.

Located on Russell Street near downtown Hammond, the asset is also noted as being in close proximity to the new train station that is expected to begin construction soon. The remarks indicate an existing tenant currently renting 15,000 square feet, which provides additional income.

For access and operations, the combination of dock doors and drive-in bays supports a flexible loading configuration, while the outdoor storage area can support a range of yard-based needs at the site.

Key Highlights

  • Industrial building totals 58,730 SF on 3.97 acres in Hammond, IN
  • Features 6 docks plus multiple drive‑in bays for loading and distribution
  • Ceiling heights range from 12' to 18' across different areas of the building

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,097
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46320, IN

14,514
Population
6,236
Households
2.3
Avg Household Size
33
Median Age
12%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
3,088
Density / Sq Mi
$35,706
Median Household Income
$24,499
Median Earnings
$853
Median Rent
$115,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial building with 6 docks, multiple drive-in bays, and ceiling heights ranging from 12 to 18 feet.
Where is this warehouse located?
The property is located at 420 Russell St Hammond, IN.
What are key features of this property?
This property features: Industrial building totals 58,730 SF on 3.97 acres in Hammond, IN; Features 6 docks plus multiple drive‑in bays for loading and distribution; Ceiling heights range from 12' to 18' across different areas of the building
(219) 864-0200 Call to check price and availability
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